Bahrain Tribune - 05/03/2007

(MENAFN - Bahrain Tribune) The 2i Capital Group, which operates in India, UK and Mauritius in conjunction with Oman-based Amwal Investment SAOC, announced the launch of a seven-year $300m shari'ah-compliant Indian Infrastructure Development Fund at a ceremony held at Al Ghazal Ballroom, Ritz Carlton Hotel, yesterday.

The founder of 2i Capital Group, Vivek Sekhar, told Bahrain Tribune that the $1.3 trillion equity in the region would continue to attract more funds and other investments vehicles from across the world to tap the opportunities.

He said that in case of over-subscription the company would keep maximum $400m just to make sure that the investors get a maximum return. "We have projected appetite of investment in the proposed projects worth $1b but it is very important to watch the interest of investors."

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Posted by pichu at March 5, 2007 3:03 PM